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The Obama Administration & US Politics

China Opens Gold Market

As the 2012 election is now over, Barack Obama has won a second term. Many wonder how his policies, his administration, and how the entire political arena, will change our future.

Postby capricorn » Mon Dec 03, 2012 9:23 am

http://blogs.wsj.com/marketbeat/2012/11 ... ld-market/
"China will allow over-the-counter gold trading between banks for the first time Monday, a significant financial reform for the world’s second-largest buyer of the precious metal."

My favorite quote of the article:
“From a government perspective, gold is seen as currency, and the government is slowly releasing the controls on currency."

Yet, Ben Bernanke continues to refute the notion that Gold and Silver are money. It's no wonder our economy is in a downward spiral when you have an idiot like him in charge. :crazy:
"a free society depends on a virtuous and moral people."
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